2021-11-01T15:00:54-05:00 2020-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2020-01-01 043204112 Hospitality Homes Inc HOSP 8885954678 PO Box 15265 Boston MA 02215 Marc Volpe Treasurer 8885954678 2021-10-29 1 Marc Volpe 999009999 Nicholas E Porto P01310283 2078792100 2021-10-28 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Deborah Pepper PO Box 15265 Boston MA 02215 795727 0 X www.hosp.org X 1993 MA Hospitality Homes provides temporary housing (additional information on Schedule O...)(continued from page 1...) in volunteer host homes and other donated accommodations for families and friends of patients seeking care at Boston-Area medical centers. 16 15 6 150 0 0 487837 679394 42395 72007 11611 8163 -21436 6074 520407 765638 0 0 0 0 322694 344401 14313 26438 89076 151880 395772 488887 766611 31520 -973 1136057 1263752 36919 115411 1099138 1148341 X Hospitality Homes provides temporary housing in volunteer host homes and other donated accommodations for families and friends of patients seeking care at Boston-Area medical centers. (See Schedule O for additional information)(continued from Page 2...) Hospitality Homes' unique, home-away-from-home lodging option has provided a caring response as well as relief from emotional and financial challenges for these individuals and families. 0 0 605926 0 72007 Through its network of close to 150 host homes, Hospitality Homes offers not only a comfortable bed in which to sleep, but also a compassionate presence in an unfamiliar city and a welcoming home to return to for families and friends who spend long days at the hospital, supporting their loved ones. Hospitality Homes is unique among Boston-area hospital housing programs because it is open to all families, regardless of their income level, background, nationality, ethnicity, religion, gender identity, sexual orientation, ability, age, or diagnosis.(See Schedule O for additional information).(continued from page 2...) Over 60 percent of the program's guests have annual household incomes under $50,000, and all families are challenged with the high costs associated with serious and/or chronic illness. By providing housing at no or low cost, Hospitality Homes seeks to alleviate financial constraints and enable families to focus both their financial and their emotional resources on their hospitalized loved ones. Many guests report that, without the housing that Hospitality Homes offers, their family members simply would not be able to access the life-saving or life-changing treatment they need. Over the course of its 37-year history, Hospitality Homes has provided over 189,689 nights of housing. In the last nine years alone, the organization has served over 10,631 guests who traveled from over 50 U.S. States and Territories and 65 countries, saving them more than $16.6M in estimated equivalent hotel fees. These guests accompanied patients seeking treatment at 26 Boston-area healthcare facilities, and stayed an average of 10 nights.During 2020, the pandemic dramatically limited the number of volunteer host homes as people modified guest rooms into home offices and had family members home from school. Additionally, the CDC and the World Health Organization guidelines placed restrictions on capacity limits. Even so, we remained open and took care of more nights of stay in 2020 than ever before with an increased average length of stay to 14 nights. We did this by utilizing significant cash reserves and negotiating discounted rates with local hotels, corporate furnished apartment partners, donated apartments, and Airbnbs. 605926 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X Deborah Pepper Executive DirectorCEO 8885954678 PO Box 15265 Boston MA 02215 Deborah Pepper Executive Director/CEO 40.00 0.00 X X 102981 0 3877 Shanon Heckethorn Interim CEO (end 1/2020) 40.00 0.00 X X 11925 0 982 Anu Advani Director 1.00 0.00 X 0 0 0 Rich Allred Director 1.00 0.00 X 0 0 0 Christina M Bergeron Director 1.00 0.00 X 0 0 0 Judith Chasin Director 1.00 0.00 X 0 0 0 Kathryn Crist Director 1.00 0.00 X 0 0 0 Monica Fisher Director 1.00 0.00 X 0 0 0 Chelsey Huffman Director 1.00 0.00 X 0 0 0 Jay Levine Director 1.00 0.00 X 0 0 0 Sinead Oliver Director 1.00 0.00 X 0 0 0 Judy E Paradis Director 1.00 0.00 X 0 0 0 Namrata Singhal Director 1.00 0.00 X 0 0 0 Sarah L Schwartz Chair 3.00 0.00 X X 0 0 0 Sara Nochur Vice-Chair 2.00 0.00 X X 0 0 0 Marc Volpe Treasurer 2.00 0.00 X X 0 0 0 Leslie Greenfield Secretary 1.00 0.00 X X 0 0 0 114906 0 4859 1 0 0 0 0 X 71959 607435 5874 679394 Apartment service fees 532000 56262 56262 Support services 561000 15745 15745 72007 8163 8163 31295 71959 27887 3408 3408 4868 2202 2666 2666 765638 72007 0 14237 119765 95812 5988 17965 188995 151196 9450 28349 5579 4463 279 837 8877 7102 444 1331 21185 16684 1053 3448 11500 11500 26438 26438 41561 23930 15687 1944 11478 11478 23447 8692 13965 790 1330 1330 45868 36692 6881 2295 917 917 6362 6362 Housing services 247630 247630 Fundraising Appeals 5679 5679 766611 605926 71609 89076 378615 439086 223589 223659 188086 184901 0 12000 13877 13877 0 0 343167 401506 2600 2600 1136057 1263752 36919 67911 0 47500 36919 115411 X 970471 1039674 128667 108667 1099138 1148341 1136057 1263752 -973 50176 0 X X 0 1 X 1 0 X 374724 529848 508890 487837 679394 2580693 36545 43985 43105 42395 72007 238037 411269 573833 551995 530232 751401 2818730 169710 168040 40930 10700 46552 435932 0 169710 168040 40930 10700 46552 435932 2382798 8491 8250 7874 11611 8163 44389 8491 8250 7874 11611 8163 44389 45060 71698 6010 6010 6074 134852 464820 653781 565879 547853 765638 2997971 0.79480 0.73470 0.01480 0.01430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98667 98667 98667 98667 98667 98667 98667 98667 98667 98667 0.00000 1.00000 0.00000 0 0 13877 13877 0 0 Paycheck Protection Program Loan 47500 47500 X 2168328 50176 1322425 30089 1402690 765638 0 765638 2119125 1322425 30089 1352514 766611 0 766611 Part V, Line 4: The Organization's endowment consists of an individual, donor-restricted endowment fund established to achieve the long-range goals of the Organization. Part X, Line 2: The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Contributions to the Organization are tax deductible under Section 170(c) of the Internal Revenue Code. In determining the recognition of uncertain tax positions, the Organization applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of December 31, 2020, the Organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Organization is not currently under examination by any taxing jurisdiction. The Organization's federal and state tax returns are generally open for examination for three years following the date filed. Part XI, Line 2d - Other Adjustments: Fundraising expenses 27,887. Gaming expenses 2,202. Part XII, Line 2d - Other Adjustments: Fundraising expenses 27,887. Gaming expenses 2,202. Form 990, Schedule D, Part XI, Line 2b, and Part XII, Line 2b: The Organization records donated goods, accommodations, and other items which pass through the Organization's programs at their estimated fair value at the date of donation. Accordingly, donated goods and accommodations of $1,328,299 and $2,143,286 for the years ended December 31, 2020 and 2019, respectively, have been recorded as both revenue and expense in the accompanying statements of activities and changes in net assets. Donations of such type primarily fall into three categories, as further described below. Donated accommodations at hosts' homes with an estimated value of $568,200 and $1,931,320 for the years ended December 31, 2020 and 2019, respectively, have been included in the donated goods and accommodations amount presented above. The value of these accommodations is based on 2,841 estimated equivalent hotel room nights in 2020 at a rate of $200 per night (7,288 in 2019 at a rate of $265). In addition to host home accommodations, the Organization has also been provided with the use of various apartment units, donated by property owners who might otherwise rent such units under long-term leases. The donated apartments are furnished and made available by the organization for short-term stays. Such donations have been included in the donated goods and accommodations category in the amount of $340,600 and $132,899 for the years ended December 31, 2020 and 2019, respectively. During the COVID-19 pandemic, as a result of the lack of available host accommodations, the Organization relied upon relationships with local hotels and short-term furnished apartment providers to procure needed housing for families seeking accommodations. Because of its strong relationships with such organizations, the Organization was able to procure accommodations at a significant discount to what would ordinarily be paid, a discount that the Organization believes to be exclusive to its housing program. This discount is treated as a donation to the Organization's housing program by the organization providing the discount. Included in donated goods and accommodations for 2020 is $358,810, representing 3,604 nights provided at a discount of approximately $100 per night (which is the result of an average per night value of $200 less an average price paid by the Organization of approximately $100). X X X X X X 1 Page Consulting LLC 675 VFW Parkway Chestnut Hill MA 02467 Research; Analysis; Events; Grant Writing 0 124000 26438 97562 124000 26438 97562 MA Golf Tournament 81279 49984 31295 14860 6476 3801 Races & Marathons 21975 21975 2750 103254 71959 31295 14860 6476 6551 27887 3408 Schedule G, Part II, Fundraising Events Due to Form 990 filing instruction requirements, the presentation of the Organization's fundraising events in Schedule G, Part II, Line 11 appears to report income of only $3,408. However, IRS instructions require that any donations or raffle income received as part of the event should be moved from Line 3 and reported elsewhere on the return. This creates the appearance that the Organization operated its fundraising events at very little gain. However, actual net income from its fundraising events in 2020 was a positive $78,033 when including donations of $71,959 and raffle, auction, and other net contest income of $2,666. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an outside accounting firm. The President, CEO and Treasurer initially review the Form 990 after it is prepared by the contracted accounting firm and, upon their approval, the Form 990 is then distributed to the rest of the Board for their review and for final approval by the full Board. Form 990, Part VI, Section B, line 12c The Chairman of the Board explains the Conflict of Interest Policy at board meetings to all board members and addresses any and all questions that the board may have at that time. The Conflict of Interest Disclosure Form is distributed to all board members at the board meeting. Any board members who are absent from the meeting are given the disclosure form electronically. Signed Conflict of Interest Disclosure Forms are collected at subsequent board meetings or are mailed to the offices of Hospitality Homes. Signed copies are kept in permanent files at the organization's corporate office. Form 990, Part VI, Section B, line 15 Officer compensation is reviewed by the board of directors. Hospitality Homes determines an appropriate wage for officer compensation by analyzing databases of the nonprofit sector. Hospitality Homes ultimately determines the amount to be paid to officers based on industry standards set by comparable tax-exempt entities relative to the officer's title, job description and responsibilities and length of service. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization's tax filings and financial statements are also available from digital resources, such as Guidestar, The Boston Foundation Online Giving Common platform, and other public access databases. Form 990, Part VIII, Line 8c: Due to Form 990 filing instruction requirements, the presentation of the Organization's fundraising events in Schedule G, Part II, Line 11 appears to report income of only $3,408. However, IRS instructions require that any donations or raffle income received as part of the event should be moved from Line 3 and reported elsewhere on the return. This creates the appearance that the Organization operated its fundraising events at very little gain. However, actual net income from its fundraising events in 2020 was a positive $82,901 when including donations of $71,959 and raffle, auction, and other contest income of $4,868. Form 990, Part XII, Line 2c: Due to Form 990 filing instruction requirements, the presentation of the Organization's fundraising events in Schedule G, Part II, Line 11 appears to report income of only $3,408. However, IRS instructions require that any donations or raffle income received as part of the event should be moved from Line 3 and reported elsewhere on the return. This creates the appearance that the Organization operated its fundraising events at very little gain. However, actual net income from its fundraising events in 2020 was a positive $78,033 when including donations of $71,959 and raffle, auction, and other net contest income of $2,666.